Complimentary Online Training - Low Sulfur Marine Fuels (LSMF)
In our previous Rapid Response presentation we collected our instructor’s thoughts on what 2017 has in store for the energy industry. Of the many interesting topics, one issue that caught the attention of many of the instructors was the far reaching impact of low sulfur marine fuel regulations.
For years, regulations have been reducing the amount of sulfur allowed in fuels for road transport and land-based use. But until recently, the shipping industry was allowed to burn fuels containing prodigious quantities of sulfur. International treaty regulations now limit bunker fuels to 3.5% sulfur globally, and to 0.1% sulfur in defined Emission Control Areas. It was decided in October 2016 that the global limit will drop to 0.5% in 2020.
Refiners will lose an important market for the heaviest, dirtiest components of crude oil. How will shipping and refining adapt to these changes? What kinds of marine fuels will be manufactured and burned? These questions and more will be discussed in our brand-new complimentary Rapid Response course:
Low Sulfur Marine Fuels (LSMF)
By the end of this course, you will have an understanding of:
Why and how marine fuel specifications are changing in 2020
Different types of marine fuels and why they are used
The possible impacts of this change on the refining industry
The possible responses of the shipping industry to this change
This 30-minute online training course, valued at $74.99, will be free until 17 March 2017!